Government budget balance fell 32.9% to -1,040 in the USA in 2018, according to the National Statistical Office.
Historically, government budget balance in the USA reached an all time high of 229 in 2000 and an all time low of -1,438 in 2010. When compared to USA's main peers, government budget balance in Canada amounted to -32.2, -3,694 in China, -20,382 in Japan and -619 in Mexico in 2018.
USA has been ranked 73rd within the group of 84 countries we follow in terms of government budget balance, 50 places above the position seen 10 years ago.
Government Budget Balance (Local Currency) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Australia | -26.9 | -21.9 | -19.3 | -7.31 | 3.26 | |||||||||||||||||
Belize | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||
Canada | -25.5 | -32.2 | -30.0 | -28.0 | -28.3 | |||||||||||||||||
China | -3,254 | -3,694 | -4,318 | -4,572 | -4,819 | |||||||||||||||||
Guatemala | -7.09 | -7.93 | -10.5 | -12.9 | -15.7 | |||||||||||||||||
Honduras | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||||
India | -11,264 | -12,332 | -13,759 | -15,002 | -16,277 | |||||||||||||||||
Japan | -22,824 | -20,382 | -15,805 | -12,214 | -11,749 | |||||||||||||||||
Mexico | -517 | -619 | -658 | -685 | -716 | |||||||||||||||||
Russia | -1,061 | 1,598 | 1,838 | 1,267 | 667 | |||||||||||||||||
South Korea | 43,308 | 44,054 | 31,348 | 21,564 | 12,887 | |||||||||||||||||
USA | -782 | -1,040 | -1,194 | -1,198 | -1,253 | |||||||||||||||||
United Kingdom | -36.3 | -41.2 | -37.6 | -33.5 | -30.8 |